SIMPLIFY US EQUITY PLUS QIS (SPQ) Stock Technical Analysis
NYSEARCA:SPQ - NYSE Arca - US82889N5178 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to SPQ. In the past year, SPQ was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, SPQ is a bad performer in the overall market: 72% of all stocks are doing better.
Warning: SPQ has an average volume of 1250 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
SPQ is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SPQ is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SPQ is lagging the market slightly.
Although the technical rating is only medium, SPQ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 25.79, a Stop Loss order could be placed below this zone.
More info and screens
24.99
26.86
When analyzing the support we notice one important area.
- A support zone ranging from 25.24 to 25.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 26.10 to 26.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SPQ is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPQ is up. |
| ChartMill Relative Strength | 28.34 | NEGATIVE | SPQ has a low relative strength, it was outperformed by 71.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SPQ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.63 | NEUTRAL | The RSI value for SPQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SPQ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.52 | NEUTRAL | The Stochastics value for SPQ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.29 | LOW VOLATILITY | The low ATR as a percentage value for SPQ suggests low volalility. |
| Average Directional Index/ADX (14) | 18.18 | NEGATIVE | The low ADX value for SPQ suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSEARCA:SPQ (5/23/2025, 8:56:49 PM)
25.8401
-0.1 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.4%
1 Week-2.67%
2 Weeks5.02%
1 Month7.71%
3 Month-6.08%
6 Month-19.37%
12 Month-12.06%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%1.29%
ATR Inc-43.73%
Range Today0.18
ADR(20)0.17
ADR(20)%0.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.34
Mansfield-1.19
10 Day High26.58
10 Day Low25.28
20 Day High26.58
20 Day Low23.86
52 Week High33.82
52 Week Low20.05
CS1 End25.79
CR1 Start26.1
Volume & EV
DER(3)-9.52%
DER(5)-5.71%
Volume800
Volume Incr-68.73%
Vol(5)480
Vol(50)1.25K